ArcelorMittal South Africa Ltd 2016 IR
The report details ArcelorMittal South Africa's financial and operational performance for 2016, highlighting its efforts to navigate a challenging global steel market. Key achievements include concluding a landmark B-BBEE ownership transaction, which gave employees and communities a combined 22.1% stake, and reaching a settlement with the Competition Commission. Operationally, the company increased domestic sales by 7.8% and achieved significant cost savings through its Project Focus initiative. The company also made progress in environmental stewardship, reducing its fresh water intake to its lowest level in nearly a decade and achieving zero effluent discharge status at its major works.
Company: ArcelorMittal South Africa Ltd
Sector: Manufacturing
Country: South Africa
Year: 2016
Type: IR
Pages: 104
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ArcelorMittal South Africa Ltd
Integrated Annual Report
The report details ArcelorMittal South Africa's financial and operational performance for 2016, highlighting its efforts to navigate a challenging global steel market. Key achievements include concluding a landmark B-BBEE ownership transaction, which gave employees and communities a combined 22.1% stake, and reaching a settlement with the Competition Commission. Operationally, the company increased domestic sales by 7.8% and achieved significant cost savings through its Project Focus initiative. The company also made progress in environmental stewardship, reducing its fresh water intake to its lowest level in nearly a decade and achieving zero effluent discharge status at its major works.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Women on Board
Workplace Fatalities
Employees